Home Ripple’s XRP Technical Analysis: XRP/USD  big chunky defending at $0.3000; renewed bullish sentiment
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Ripple’s XRP Technical Analysis: XRP/USD  big chunky defending at $0.3000; renewed bullish sentiment

  • Ripple’s XRP price has bullish momentum kicked back into it, jumping some 3% in the second half of the session.
  • XRP/USD big buyers come into play at the lower part of the recent  daily trading range.  

XRP/USD 15-minute chart

  • Price action breaking out to the upside at session highs, buying kicked in at the low of current daily trading range-block.  

 

Spot rate:                  0.3152

Relative change:       +3.30%

High:                          0.3173

Low:                           0.3044

 

Trend:                         Bullish

 

Trends:
       Daily SMA20:  0.3159
       Daily SMA50:  0.3138
       Daily SMA100:  0.3318
       Daily SMA200:  0.3782
Levels:
       Previous Daily High:  0.3148
       Previous Daily Low:  0.3011
       Previous Weekly High:  0.3473
       Previous Weekly Low:  0.2983
       Previous Monthly High:  0.3505
       Previous Monthly Low:  0.2879
       Daily Fibonacci 38.2%:  0.3063
       Daily Fibonacci 61.8%:  0.3096
       Daily Pivot Point S1:  0.2998
       Daily Pivot Point S2:  0.2936
       Daily Pivot Point S3:  0.2861
       Daily Pivot Point R1:  0.3136
       Daily Pivot Point R2:  0.321
       Daily Pivot Point R3:  0.3273

 

XRP/USD 60-minute chart

  • Rejection at the 38.2% Fibonacci observed via the 60-minute chart view.    

XRP/USD daily chart

  • Buyers heavily protect the $0.3000 price region, after renewed life came into play at these depressed levels.

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